PRADA(01913) 每日经济新闻·2025-04-11 15:18Core Viewpoint - The luxury goods industry is witnessing a significant merger as Prada plans to acquire Versace for 1.375 billion, with the deal expected to close in the second half of 2025, pending regulatory approvals [1][4]. - This acquisition price represents a decrease of approximately one-third compared to the 810 million, while Prada's revenue for fiscal year 2024 is reported at €5.432 billion, reflecting a 17% year-on-year growth [6][7]. Group 2: Financial Performance - Capri Holdings reported a 6.9% year-on-year decline in Versace's revenue for fiscal year 2024, with a profit margin of only 0.4% [6]. - For the first nine months of fiscal year 2025, Versace generated 41 million [6]. - In contrast, Prada's retail sales for its brands, including Prada and Miu Miu, showed significant growth, with increases of 4.2% and 93.2% respectively [6][7]. Group 3: Strategic Implications - The acquisition is seen as a strategic move for Prada to enhance its brand portfolio and leverage Versace's unique cultural narrative, which could provide new growth opportunities [8][12]. - Experts suggest that the merger could enrich Prada's brand matrix and increase its competitive edge in the global luxury market, although it may also introduce operational complexities [12][14]. - Capri Holdings aims to optimize its balance sheet and focus on its core brand, Michael Kors, following the sale of Versace, which may impact its competitive position in the high-end market [13][14].